Company
|
Ticker
|
$(Cdn)
|
Notes
|
Dream
Office REIT
|
D.UN
|
15.87
|
|
Veresen
|
VSN
|
8.16
|
|
Pizza
Pizza
|
PZA
|
4
|
|
Pembina
Pipeline Corp.
|
PPL
|
3.34
|
|
RioCan
REIT
|
REI.UN
|
3.29
|
|
BMO
Cdn. Div ETF
|
ZDV
|
1.98
|
|
Algonquin
Power
|
AQN
|
39.94
|
+200
shares
|
Bank of
Nova Scotia
|
BNS
|
31.28
|
+40
shares
|
TD Bank
|
TD
|
22.44
|
+26
shares
|
BCE Inc
(Bell)
|
BCE
|
13.65
|
|
Total
Dividends
|
|
143.95
|
+$68.78
from previous comparable month!
|
In the words of a favourite blogger of mine Dividend Mantra, the snowball is starting to roll! This months dividend alone could be reinvested into 8 more shares of ZDV, which would supply me with another $.051 a month, for another $6 a year! However I usually choose to combine my dividends in with fresh capital to make larger purchases to minimize my transaction costs. Thankfully, Questrade already has some very low fees at roughly $5 per trade. I also did a review on it a few months ago if you are interested or shopping for a discount brokerage. This months major increase in dividends come from the additional 200 shares of AQN I purchased, as well as a continuing favourable exchange rate between $US and $CAD since AQN pays in $US. As well as an additional 40 shares of BNS and 26 shares of TD. Unfurtunately the new shares of PZA, REI.UN, BCE and ZDV didn't make the ex-dividend dates so I will continue to wait expectantly for them next time!
I am also excited about July, not only will the nice summer weather be in full swing but my dividend stream will be as well! I am also planning out my next purchase, I love being able to shop around for more quality stocks, especially when I can buy them! If I were ever asked what my favourite thing to buy was, 100% my answer would be income!
Congrats on teh dividend income, DW. Those numbers are starting to look better - as you said - the snowball is starting to roll!
ReplyDeleteKeep it up!
R2R